Fourpath Capital Management LLC purchased a new stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,832 shares of the company's stock, valued at approximately $235,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GW&K Investment Management LLC purchased a new stake in Vertiv in the 1st quarter valued at about $26,000. SouthState Corp purchased a new stake in Vertiv in the 1st quarter valued at about $27,000. North Star Investment Management Corp. grew its holdings in Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after buying an additional 412 shares during the period. Sachetta LLC grew its holdings in Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after buying an additional 317 shares during the period. Finally, Banque Transatlantique SA purchased a new stake in Vertiv in the 1st quarter valued at about $33,000. Hedge funds and other institutional investors own 89.92% of the company's stock.
Insiders Place Their Bets
In other news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the sale, the director directly owned 4,631 shares of the company's stock, valued at approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock valued at $23,360,571 in the last three months. 2.63% of the stock is owned by insiders.
Analyst Ratings Changes
Several brokerages recently weighed in on VRT. Barclays increased their target price on Vertiv from $128.00 to $145.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 1st. Mizuho increased their target price on Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 16th. Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price on the stock in a research report on Tuesday, July 8th. Citigroup increased their target price on Vertiv from $167.00 to $192.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Evercore ISI increased their target price on Vertiv from $165.00 to $180.00 and gave the stock an "outperform" rating in a research report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $149.84.
Get Our Latest Stock Analysis on Vertiv
Vertiv Trading Up 0.1%
NYSE:VRT opened at $169.09 on Friday. The business's 50-day moving average is $139.45 and its two-hundred day moving average is $116.37. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $183.11. The firm has a market capitalization of $64.57 billion, a PE ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84.
Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period last year, the company posted $0.67 earnings per share. The firm's revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.
Vertiv Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's dividend payout ratio (DPR) is 7.18%.
Vertiv Company Profile
(
Free Report)
Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
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